Michigan Power Futbol Academy

Analysis

Michigan Power Futbol Academy is a registered charity in United States, based in Wyoming, MI. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Michigan Power Futbol Academy reported income of $228k and spending of $240k, spending 105% of what it took in. Across the 2 years on record, from July 2022 to July 2023, income grew from $172k to $228k (+32%), an average of +32% a year. The sharpest change came in the year to July 2023, when income rose by 32%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Michigan Power Futbol Academy sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within MI. Charities of a similar size with the same main cause include Kennewick High Athletic Booster Club ($228k), Cherry Hill National Athletic League Inc ($228k) and Zionsville Youth Football Leagueinc ($228k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $51k against liabilities of $19k, net assets of $32k.